Trade and markets
 

Detail

Area
Bilateral/Multilateral
Commodity Group
Rice
Commodity
All
Date
01/05/2013
Policy Category
Stocks
Policy Instrument
Trade agreement
Description
Governments of Guyana and Venezuela agreed to renew the PetroCaribe rice trade agreement for an additional year. Under the accord, Guyana is to provide 140 000 tonnes of paddy and 70 000 tonnes of rice to Venezuela in 2013, payment for which will be deducted from Guyana\'s oil arrears to Venezuela.